NOTE. We are ready to pay the above time certificates whenever presented. We have virtually paid off our depositors within three months.

We have paid our stockholders 20 per cent., reducing our capital, as above, from $50,400.

REPORTS

OF

SUSPENDED SAVINGS BANKS, JANUARY 1st, 1880,

WITH

STATEMENTS OF DIVIDENDS DECLARED.

Amount due depositors at date of suspension, August 20th, 1878
Dividend No. 1, ten per cent., declared September 2d, 1872
Dividend No. 2, ten per ecnt., declared October 22d, 1878..
Dividend No. 3, ten per cent., declared December 10th, 1878.
Dividend No. 4, ten per cent., declared April 3d, 1879.
Dividend No. 5, five per cent., declared September 10th, 1879-

$1,100,263 79

$110,026 37

110,026 37

110,026 37

110,026 37

55,013 18

495,118 66

Balance due depositors after dividends are paid.

$605,145 13

Amount to credit of depositors, January 1st, 1880, as per above

statement

Dividends declared, but not yet drawn

$615,343 91
10,198 78

Balance, as above..

$605,145 13

NOTE BY THE COMMISSIONERS.-This Bank has conducted its liquidation with judgment and energy, and the above statement shows that the criticism in the report on the Odd Fellows' Bank does not apply in any respect to the conduct of the officers and Directors of this bank.